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people. we are not showing this to you for the sake of it. who do you know who making a big difference in your community? you can nominate these heroes and they end up winning. >> making a huge difference in their communities. a good thing to see. we want to wish everybody a wonderful fourth of july weekend. hope you're safe, healthy, happy and you have a little bit of fun. >> you're off? >> i'm off watching the fireworks. >> christine and i will be here on monday. have a fantastic weekend. kyra phillips takes it over now with the "cnn newsroom." >> how about a lot of fun? come on! >> some people have to work so i felt bad! >> happy fourth of july, guys. we all will be celebrating. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. thank you for joining us. >>> witnesses taking the stand in the casey anthony murder trial. the judge says the case could go to the jury this weekend. >>> los alamos national lab closed fifth day as high winds make problems for fire crews. 94,000 acres have burned. lab officials say toxic materials are saving. >>> royal couple wakes
proceeding all through making headlines for wrong reasons but making big headlines nonetheless. >> we are following awe tlel' more on the nfl next week. mark, thanks. >>> the numbers are out. not the poll numbers and not the dow industrial. we are talking about the big number of bucks your presidential candidates are raising to win the white house. jim acosta, who has got the biggest bank? >> reporter: sometimes he's are the numbers that count, kyra, this morning. it looks like at this point, the person who has got the biggest bank right now is mitt romney. we haven't gotten any official totals in right now. yesterday his campaign did confirm that he is expected to bring in between $15 million and $20 million in the first quarter of fund-raising this year. not as much as he raised for the 2008 campaign but, still, way ahead of the rest of the pack. jon huntsman, we can mention, he also has a pretty big fund-raising hall for a guy that not a lot of people know about. $4 million. we should mention half of that, though, is money he kicked in himself. he is part of a very wealthy family t
leaders are digging in on the big sticking point of taxes ahead of tomorrow's white house summit. chuck todd is nbc's chief white house correspondent and host of "the daily rundown." chuck, we've heard a lot from republicans. today at the bloomberg breakfast it was said that any tax measures had to be revenue positive over the long run that could be ten years out. eventually have to contribute toward deficit reduction. that is not what republican senator john cornyn was saying exactly the opposite what he said on our show yesterday that it has to be revenue neutral. how does the president hope to bridge this devoid? >> reporter: well, you know, they have an interesting tactic here. they believe and frankly behind the scenes so do house republicans believe it will be easier to sell a larger deal that has some things in it that nobody's crazy about on certain sides. whether some trims to entitlements on the democratic side or some of these revenue proposals on the republican side that if it's a large deal, $2.5 trillion to $4 trillion and maybe even $6 trillion in the out years meaning th
we are expecting what i think are unreasonable expectations. i'm a big believer in the jury system. i dedicated my professional career to it and i think it is the best system there is. >> bill: there is no other system. >> with that people have to go back and say what is realistic. prove beyond a reasonable doubt is not to a mat mathematical certainty. it is to a reasonable doubt. look at what is reasonable here. look at that cause of death. is there any reasonable doubt that this girl was murdered? >> bill: no. >> whether it was a premeditated murder or her mother was trying to quiet her. >> bill: if the little girl drown as i think one of anthony's attorneys said happened, you don't put duct tape over a drowned girl's mouth so that is out the window. you are not responsible for the the defense lawyers, you are not. these people introduce all kinds of crazy stuff they couldn't back up like i said in the talking points memo. weren't you offended as an american who wants justice for caylee anthony? weren't you offended by that? i was offended by that. >> a lot of the things that jose b
. >>> well, the big story today, debt-struction. a lot of political shenanigans, developments coming fast and furious,y might expect this afternoon. widely, the markets are expecting a deal of some findish even if it's a band thade doesn't do much. we'll see what it mean. good afternoon. i'm dylan ratigan. a mass of house votes on yet another revised version of speaker boehner's deal. all of these deal, lick nickels and -- the final vote won't come until later tonight if boehner can whip up the 216 votes to do the deal. couldn't do it yesterday. we start with luke rurt on capitol hill. mike viqueira on standby at the white house. we begin with you, luke. tell me about a tea party politician who ran for the congress in objection to the back room arm twisting where i say i'll take away funding for the bridge, the sochool, the hospital if you don't vote on this? people wouldn't tolerate that and i imagine they're saying i'll withdraw your funding if you don't say yes on this vote? >> the house gop banned earmarks. weren't of the reasons boehner didn't go to the floor. not aa lot to give away
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
planned recess next week for the 4th of july. >> mitch mcconnell making a big deal of inviting the president for a chat with no notice with the knowledge he already had plans. >> the president said he wasn't going to change his plaque plans to meet with mitch mcconnell. >> he also invited the president to hear what would not pass. >> is it logic? the republicans are not big on logic. >> if they don't this time, the full faith and credit of the u.s. will be in peril. >> if we don't do that -- wait, what happens again? >> armageddon. >> armageddon. >> armageddon. >> democrats are saying yes to michele bachmann. >> i'm not surprised by how well michele bachmann has done. she comes across as a real person. >> real human moments. very compelling to voters. >> obama's got some magic. >> with the wink and a hug, she's made the majority of the gop field disappear. >> king james called napoleon and together decided to kill america. they sent the nina, pina, and santa maria to fight. >>> and yes to stephen colbert. >> i'm sorry to say, ladies and gentlemen, we won! [ applause ] >> it's s
their arguments outside rather than keeping them inside the room. the president wanted the big deal, john boehner it seemed wanted the big deal, and it's very clear that that is not likely to happen. so at this point the president had his press conference yesterday. he said, you know, i'm the grownup in the room here. we each need to give a little on something. he said, by the way, if we don't agree, guess who will sufficiensufficiener? the american people. >> you mentioned spooking the american people. i saw a poll today and i'm sure the white house saw it as well. in it it showed americans are more worried about raising the debt limit than they are about the government defaulting. could the statement by the president be, i don't know, a calculated effort to warn the country, talking about millions who don't get the checks about the severity of this government default? >> absolutely. i think the president is now starting to say, okay, and we're getting a little into the blame game now. okay, if the government defaults, you're not going to get your social security checks and your veterans benefit
. how exciting. >> they match. >> they do match. >> the big news of the day, yesterday, of course, was moody's coming out and saying, listen, we don't expect this to happ happen. the chances are slight this is going to happen. just the chance it may happen, we are going to downgrade america's credit rating. >> we are going to put it on credit watch to downgrade it or we will downgrade it if it happens. first of all, the rating agencies were behind the curve during the whole financial crisis and they took a lot of heat for that. now they are trying to be more proactive. when you have a congress that refuses to address the issue, what do they do? it's not a shocker. it's another symbol of how dysfunctional things are in washington and what the stakes are and how dangerous it is. you know a few people across the globe. >> i like it when mika says it better. >> say international financeer. >> i would think these are trying times for banks across the world. look at ireland a second time. it's spread to italy. we have all heard -- greece, portugal. it's all across europe. it's coming to
pollution. the big oil and energy companies lobby to prevent reforms. young people can see the possibility of a clean energy future, and you need to fight for it. campus progress -- yeah. campus progress and our partners have seen another example this year of cynical power. for-profit colleges. there's overwhelming evidence that the schools are abusing taxpayer money with high price, low quality programs that lead many students deep in debt, their lives nearly ruined. for-profit colleges have about 10% of the college students, 25% of federal financial aid, and almost half of the loan defaults in this country. their reckless behavior risks a new subprime debt crisis, yet corporations that run these schools have spent millions trying to avoid accountability. it's disturbing to see who is lobbying for the special interests and their indefensible decision figure find some of them call themselves progressive and have worked for progressive administrations and causes but now they use their skills in connection to advance positions that are anything but progressive. i think that is a shame. a 22
very quick. mitt romney is on top. coming in second is the big surprise, rick perry. he's coming in at number two, don. the gop horse race is big, big news right now. >> that's mark preston. we appreciate it. >>> for more "cnn newsroom" i'm joined by fredricka whitfield. when you say, fred, it's not going to be good. we have breaking news you'll be following and other stuffs. >> thanks so much. see you over the weekend as well. breaking news from studio 7. i'm fredricka whitfield in for suzanne malveaux. two explosions have rocked central oslo in the last hour wounding at least eight people. reports from norway say govrt buildings were targeted, one houses the prime minister's office and most of the windows were blown out. reuters reports a mangled car outside one building suggesting a possible car bomb. reuters reports the prime minister is safe. cnn is following the developments for you from london. what more do we know about how this happened and why? >> reporter: the information is still trickling in from oslo at this point. the police have issued a stam saying that there are
savings, those are probably phony but here the important thing, no tax increases this is a big development in this budget story. [ talking over each other ] >> neil: you are making the assumption that there isn't an add-oncoming. you are right, the deal itself, [ talking over each other ] >> neil: don't jump the again. more than a trillion coming out of the wars. republicans have factored in that math as well. do you think given your point of view, that others will jump onboard of as the best thing out there? >> i think this is the basis for a deal. we have to jiggle the numbers, you are right. a lot of numbers in reid's budget proposal are phony. i think it is significant. weeks ago, harry reid put forward a budget with two trillion of tax increases, now he's at zero, that's a big deal. >> neil: we've been mentioning the markets and how they've held on. is that because they are factoring in a deal at the last minute or that they are okay, no matter what happens? >> i think the market has come to the perception we will have a deal. i think we are going to get a deal within 48 hours of augu
statements in that meeting, because we don't know what the details were of his proposal and the so-called big deal, my insistence was consistent with our speaker's, that we not raise taxes. and that's why that construct doesn't work. we don't have the votes on this side of the aisle. i'm not supportive of raising taxes on people who are trying to make it right now and can't. so i would say to the gentleman when he refers to the other groups that have been out there, all of whom he say suggest that somehow we need to raise taxes, what the gentleman's talking about is how are we going to produce more revenues? we believe, mr. speaker, that you produce more revenues by having growth in our economy. we don't believe that you promote growth in the economy by cranking up the government spending machine by taking money from people who eastern it, washing it through washington's bureaucracy, and sending it back out. we don't believe that. we believe that growth is created through investment, through hard work in the private sector. by entrepreneurs, small business men and women, people who want to su
.i. joe," the lakers and the celtics in the championship. apple wuss big, then it -- was big, then it went away for a while, then it was back again. so it should be obvious that the 1980s is back, and for various reasons i argue in the book, it is back. and i don't think it's just because of the nostalgia factor although that's certainly a factor. also there's some coincidences. i had mentioned on my radio show a couple days ago that the weird coincidence, although you may see it not just as a coincidence, that 25 years ago almost to the exact week and, certainly, to the exact month the united states military was bombing libya, and the world was wrapped with the detention about a nuclear meltdown at chernobyl. those two things happened almost exactly 25 years ago to the month. so as much of this is pop culture, some of it is very, very real. and what i argue in the book is that the popular culture of the 1980s, the iconography of the 1980s in many ways has inspired the way we hook at real world -- look at real world events and how real world, i guess you would call them actors, behave toda
a piece of legislation, so stay tuned. bill: we shall. it will be a big deal come next week. jason chaffetz, thank you, out of utah. martha: another day at the office, really. one group of workers, union workers, just sort of, you know, having a joke, a little smoke, booze, at the lunch hour. you know? the same kind of stuff we do around here, bill. one reporter got up close and personal. this is fascinating. bill: they don't have us on camera, though. martha: thank goodness! bill: team usa, world cup final, sunday at 2:00, what a day this was, abby wombach, she's like a superhero. martha: love her. bill: that header put her one up, team usa will play japan for all the marbles. martha: love it. bill: sunday afternoon. go usa! back in a moment. bill: some stories developing in "america's newsroom", there is new violence erupting in pakistan, gunmen in the streets of karachi, opening fire, leaving seven dead and more than two dozen injured. >>> dozens of suspects connected to the mexican mafia in custody after a huge gang raid in california. the mexican mafia, considered the oldest a
the battle on a short term debt ceiling because we can't put together a big one in one week's time. and you noticed the president had no statement in there, "i will veto a short-term debt ceiling." what happened to that? >> he didn't have that. i was wondering if you would allow if you ear in the president's position or advisor, you advised many presidents before. would you not tell him to stand up to his opponents? >> i would not tell the president of the united states to veto a short term debt ceiling. if, as a result, i'm going to throw my country into default over what? the president is willing to accept a clean debt ceiling with nothing. now boehner is going to give a debt ceiling with $1 trillion in cuts. why would he reject the good because it's not the best? >> my advice -- i think, pat, we've had this discussion on the show. pat and i sparred a bit in the last two weeks. i think pat, unfortunately, for the democrats standpoint is right. i don't mean you're right. you're more right this morning than wrong. if the president has to accept a short term plan which is looking more and mo
when negotiations with the taliban move forward and it also may have very big repercussions for the u.s. effort in the south. people called president hamid karzai's brother a corrupt gangster. but the cia's former head of counterterrorism says the u.s. may miss him. >> it's quite like live that what follows is going to be something that will not work to our interest. >> reporter: an afghan official says he was gunned down in his own home, shot in the head and chest by his own guard. the taliban took credit, but it's not clear if the shooter was really working for them. >> the united states condemns in the strongest possible terms the murder of president karzai's half brother in kandahar. >> a u.s. official said quote, while we must deal with ahm ahmed wali karzai, he's widely understood to be corrupt and narcotics trafficker. the state department and u.s. military were trying to build trust in the afghan government. they frequently criticized ahmed wali, but the cia worked with him. >> i think often parts of the u.s. government were working at cross purposes where ahmed wali was conce
. >> whether you get the big or not, you know this won't pass the senate. >> i don't know if it will or won't. >> do you believe we should raise the ceiling? yes or no. >> if the senate is responsibility, then cut, cap and balance will pass. >> let me ask you a question -- do you agree with the president that we need to raise the ceiling, president obama? >> i will vote to raise the debt ceiling if we address the long-term issue of federal insolvency caused by -- if we do not address the long-term issue, the risk associated with piling on higher and higher debt loads, if we don't address that, then, no, sir, i will not vote for the debt ceiling. >> ronald railinger, who was someone i'm sure you admire, let me show you what he said about the dead ceiling, maybe you should tell your colleagues this. >> i'm familiar with this quote. >> congress consistently brings the government to the edge of default before facing its responsibility. this brinksmanship threatens the holders of government bonds, those who rely on associate security and vet ran benefits. the united states has a special responsi
. if you are going to rule out medicare now and say yeah, we are going to make big cuts but rule out medicare. that means democrats are focusing on 10%, discretionary spending that is our investments, r & d, education, infrastructure. the things we need to double and triple down on. the things we can afford to do in trying to catch up with china if we take care of the long-term structural debt on taxes, on health care and these other issues. >> yeah, we talked about the fact our health care system is at least 50% more expensive procedure by procedure than any other place in the world. we have this grip on a lot of the health care sector. we need health care reform. this is obvious. but it's been obvious for years. they don't do it on either side. >> coming up, connecticut governor dannel mall low. >> he's going to yell at you. >> i think he's in for a fight, yeah. yeah. >> mika is mad. she's not putting up with it anymore. >> this is incredible. sexual assault allegations against strauss-kahn. why it's on the verge of collapse. >> he was in yonkers at the time. come on. >>> first, he
said it was going to -- said it was going to. here's why it's such a big problem. because of speaker boehner, he said there's one major principle, you'll remember, jessica, as they moved forward to raise the debt ceiling, that the amount of the cuts be greater than the amount they raised the debt ceiling. and in this legislation right now is called for raising the debt ceiling by $900 billion, $850 billion, is less than $900 billion, so know that's a problem. policy aides are scrambling to try to rewrite the legislation to make their way forward. we know they're aiming for a vote tomorrow, but we don't know if they can promise it quite yet. we got a speaker from speaker boehner's spokesman, this coming from michael steele, in response, in reaction to the cbo, michael steele said we're here to change washington, no more spoke and mirrors or phantom cuts. we promised we'd cut more than the debt ceiling. as we speak, congressional, are looking at options to rewrite the legislation to meet our pledge. this is what can happen when you have an actual plan and submit all it really seemed to
make work in a really big way with the kind of focus, a more expensive list cannot. >> cary goldstein is publisher and editor-in-chief of 12books.com is a website. >> senator mike lee is reading it is dangerous to the right when the government is wrong by judge andrew napolitano. >> visit booktv.org to see this and other summer reading lists. >> next on booktv republican congressman james rogan 3 counts his role in the impeachment trial of president bill clinton and the affect the verdict had on the executive branch. the author contends by not executing impeachment proceedings against the president a precedent would have been set allowing future presidents to remain above the law. this is about 50 minutes. >> you admire james rogan. you have to read the book rough edges which many of you probably have. we premiered it here when it first came out. it is about his life from welfare to washington. it is fascinating because he has in toward -- in toward a tough life which all of a sudden said this isn't for me and picked himself up and dusted himself off and went on to be very successful
court term began, two of the big lens or person in the cases come if you protest a chemist vendor versus phelps in the videogame case from which ended at being caught brown v. entertainment software association. both of those cases brought with them the chance to explore first amendment issues in the internet era and they ended up really not doing that at all. the funeral case had a component to it involving an online screed against their parents of corporal snyder, which the court completely declined to address it all and instead look at it as a type of dinner plates. the videogame case again had the potential of looking at whether this new medium has something different than the other new media that arose over the centuries, but instead decided it did not impose either unanimous word you unanimous holdings getting to that resold. we have as well i suppose we should be grateful for arizona's contribution to the supreme court docket with the tuition tax credit case in the clean elections case which was perhaps again i say the clean elections case the perhaps most predictable outcome, the
the overpass. >> it is very big and flowy and you don't want to know what i am doing. >>> from big burkas to little jerkas. it seems the kids aren't all right. i love the kinks. a pennsylvania restaurant owner upped the ante with regards to the war on children, and "red eye" salutes this hero. mike vwek, does that sound right? issued an e-mail to the patrons of his eat resaying, quote, beginning july 16th, we will admit children under six years of age. we feel mcdanes is not a place for young women -- young children. their volume -- that's what happens when the tele prompter is above jessica. can't beacon trolled and many times they have disturb etd other customers. >> first of all, i checked out the legality, of course, and i am well within my rights of doing it. i felt as though i may lose some business, but i thought in the long run it would at least be an until neutral situation. >> you haven't seen a downturn in business so far? >> to the contrary. some of the supporters that have called have mentioned that although we are a little far for them to drive in the metropolitan area, they
and cuff links and cowboy boots in the ring with him. >> yahoo. >> mike: don't touch my junk food. big government getting bigger and advertisers in the food industry say they feel pressured by new federal guidelines. shouldn't parents decide what their kids eat. "fox & friends" sunday morning continues right now. ♪ >> hey, everybody, good warning by mike jarrett there. >> ainsley: good to see you. >> mike: and gets better looking every week. >> dave: you, too, sweetheart. >> ainsley: we're glad to be waking you up this morning. hope your family is doing well. >> dave: the best news for all of you saturday night we thought a big deal was going to happen. and now it appears that a smaller deal is on the way because john boehner late last night made the announcement that we're giving up talks on that grand deal that's been discussed where republicans would give in on tax hikes, democrats would give in on entitlements and this guy what john boehner had to say. >> now, we can't agree if there's any new taxes involved and of course on the other side the democrats say here we go. >> so, bo
's talk about some of the big issues right now. jobs, jobs, jobs. it's a crisis, a game of chicken going on in washington right now between the president, the did democrats on one side, republican leadership on the other side. how big of a deal is this august 2nd deadline for raising the debt ceiling? >> well, because i haven't been in government in a long time, i don't know what options the treasury department will have if the debt kreceiling is not lift. my guess is they can pay the bills for a while, after which they won't be able to. so if we let that deadline come and go and we really raise questions about when or political system is mature enough even to pay its bills, i think it's trouble. i realize the idea of voting against raising the debt ceiling has always had great appeal to people. even in good times, a bunch of people vote against raising it because it looks like a free vote. >> when he was senator, president obama didn't vote to raise the debt ceiling. he regrets it now. >> but, you know, when you're not president and you think the vote's there, seems like a freebie and y
in transforming themselves, she's one of the big reasons why. please help me in welcoming to the stage, liz schuller. [applause] >> thank you. all right. thank you, barry, for the introduction. and i'd like to think raj for raising the bar. thanks a lot for the rest of us and not those creative messaging tools that we all need to address inequality. i wish i would have heard her before my speech. so why am i here as part of this panel? the whole point of what i want to talk to you today is the power of collective action and how it could counter the rise in inequality and how unions fit into that picture. now, when i think about inequality, especially, as of late, i think about those teachers in wisconsin, construction workers in ohio, nurses in new hampshire, who have been locked out and denied their basic rights to collective bargaining. we've seen what it looks like the state capital in wisconsin and we show you now what's happening in office buildings all across this country. ♪ >> here's to america's workers. when the economy was down, they sacrificed. during tough times when executive
in a very big and vital state of new york. >> most importantly, one, the white house says it's not true and secondly, biden himself, he's been the target of getting off a ticket since january of 2009. when hillary clinton was going to take it over and that would be the smart thing to do politically. as much as people might have strong feelings about vice president biden, i think that for president obama, he's been a good vice president. he marches his soldiers on. he does the bidding. and he -- i think there's no reason for it to change but also this, while i respect the reporter and i'm sure he's got good sources, i just don't see what changing courses mid stream and getting the governor from new york gets you >> you can tell how much the white house doesn't want to talk about something when they dump it out on a friday. according to the economic council of advisors, they've come out with their seventh quarterly report and what they said is the stimulus, remember, it was going to save us from big -- >> save or create three million jobs. >> it was going to do that. it didn't do that. o
believes that the boehner problem is anything more than a big, wet kiss to the right wing. i mean the tea party. that's what i mean. it's too bad the caucus is run by so little people. >> when i asked the plan, the aids pointed to a speech. congress can't vote on a speech. a veto threat won't prevent default. >> we are urging the republicans to step back, put their party caucuses aside, put their pledges to grover norquist aside and put this country first. >> it's unfair from the president of the united states to lead from behind. it's unfair for the president of the united states not to come forward with a specific plan that, perhaps to be considered by both bodies, but only to go out and give lectures. >> we are not going to hold this country hostage to the tea party. those folks over there, about 80 of them, they pledged to grover norquist. i want to pledge allegiance to the united states of america. that's what we should be doing. >> good morning. it is thursday, july 28th. look at the beautiful shot of new york city. welcome to "morning joe." yes, with us on set -- >> look at him. >>
. president. my name is amanda. i am a big fan. i am originally from iowa. >> nice. >> yes. i am an atheist. in 2008, you asserted no organization receiving taxpayer funds would be able to discriminate in hiring or firing based on a person's religion. however, you've not rescinded the executive order that permits this discrimination. when it is difficult for a person to get a job based on her skills, what would you say to a woman who has been denied employment because of her religion or lack of religious beliefs by a taxpayer funded organization? >> this is a very difficult issue, but a more narrow one and i think might be implied. it is very straightforward that people should not be discriminated against for race, gender, sexual orientation or religious affiliation. what has happened is there has been a carved out dating back to president clinton's presidency for religious organizations and they're hiring for particular purposes, and this is always a tricky part of the first amendment. on the one hand, the first amendment ensures there's freedom of religion. on the other hand, we want to m
targeted, it's basically not a big deal, now he's realized what a catastrophic error of judgment that was because the woman that's replaced him on this inquiry, sue acres, is saying up to 4,000 people could have been targeted by the newspapers. >> what about the implications that this is not just the now defunct "news of the world," but other papers? >> yeah. i think this is really significant and really bad news for news international. it's no longer just confined to "news of the world," the paper that they closed down, realizing it had become toxic as a brand. it's now spread to "the sun" and "sunday times." both so far have not been shown to have used phone hacking, but they have been shown to use what, at best, slightly underhand techniques, at worst illegal activities to get information. "the sun" is maintaining it got the medical records without breaking the law. "the sunday times" saying there was a legitimate public interest in looking into gordon brown's bank details and so on on a tip, but there was some sort of corruption there or something which was all proved to be u
is not involved in the shut down talks this year not playing big role here. and people are getting jealous that the president is meeting with john boehner and on republican side a lot of the tea party guys are not trusting john boehner, they are skeptical that he is going to blink and both the left and the right are so entrenched here and i don't know how someone is not going to be badly politically damaged with whatever tell they come up with and, again, why see the votes at this time. how do they get there? john boehner has called this a rubic's cube. it is difficult to get a solution. >>neil: but they are aware of the deadlines and this is the day that the administration argued you had to get the agreement in place so you could avoid the august 2nd potential default and by that we just mean that you hit up against the limit and it doesn't mean that a downgrade, per se, or that we go and solve it, there is a higher risk of that. we will play that out. we hit that deadline, if we break that deadline, how soon before you think the credit rating answers react? >>guest: they have been aggres
bill clinton. >>> and, casey anthony is a free woman this wednesday. was this a big fail for our justice system? or proof that it worked. >>> welcome to the show. i'm al sharpton. to nights's lead. just how much is president obama willing to compromise in the debt fight? the president obama met today with leaders of both parties at the white house. and he said, everyone must sacrifice to make a deal. >> nothing is agreed to until everything's agreed to. and the parties are still far apart on a wide range ever issues. everybody acknowledged that there is going to be pain involved politically on all sides. but our biggest obligation is to make sure that we're doing the right thing by the american people. >> but democrats are nervous that the white house may agree to as much as $4 trillion in cuts over ten years. under that plan, democrats would agree to cuts in social security, medicare, and medicaid. in return, republicans would sign off on up to a trillion dollars in new revenue. which they don't seem willing to do. >> everything is on the table except raising taxes on the americ
social security, you don't get a penny of it. every penny of that goes into the big pot and it's distributed to everyone else. anybody who dies to young, all of their money has been wasted. it is just going into the government pot. the second thing you have to know, is if you save up to much, when you start receiving it, you get taxed on it again. if you get taxed on social security when you are your money what you are working and then after you start receiving it, if you save up to much because you were worried about it, you get taxed on it again. it gets added to whatever income you have from your savings. host: do you think private savings accounts, that your social security should be yours when you pay in, you should be booked to get or keep or transfer? caller: i certainly do. that is why i voted for president bush to the second time around. i did not agree with him for very much but i agree with him on that point. people should have their names on their accounts and what ever they put into it should belong to them. so even if they die when their 50, that money goes to the
. [ jack ] yeah, ts is pretty good. don't you have a big race today? don't worry, kevin, i've got it all covered. (cheering crowd) track announcer: and jamie mcmurray wins the brickyard 400. how'd we do? announcer: check out huge clearance savings at bass pro shops and our upcoming fall hunting classic. he was all like "oh no, i cannot do investing." next thing you know he's got a stunning portfolio. shhhh, you're welcome. [ male announcer ] e-trade. investing unleashed. >> all right. glad you're up. the debt ceiling deadline quickly approaching. we're less than one week away from possible default. so how will washington come together on a solution before tuesday's deadline? will they at all? former advisor to president bill clinton and author of "revolt" dick morris now joins us. dick, i know you have a lot to say about this and how this is all playing out. first off, as for the president, is this drama working for him? >> no. no, it's working against him. ultimately, whenever washington is a mess, it's the president that gets blamed for it. now, of course, republicans in congress get
. >> the problem with a mini deal is we have a maxi problem. and the big problems aren't going to go away if you cut a mini deal. it just delays the moment of truth. i would say better noun then, but if we can't we'll take the savings we can get now and relitigate this as we get closer to the election. >> reporter: he also talked about concerns that people have that the president will bypass congress all together and just raise the debt level on his own. we'll have a fair & balanced debate on why some democrats say that may be their best option. that is coming up. also republicans who are running for president being asked to sign a strict commitment to reducing our debt. this is called the cut, cap and balance pledge, and those who don't sign their names are feeling the heat. doug mcelway is live in washington with 0 more on that. >> reporter: you're going to be hearing a lot about this plan to cut, cap and balance as the senate resumes its work tomorrow after the july 4th holiday. you'll probably hear a lot about it as the republican primary season heats up as well. some pundits say it may prov
, but it means, mr. president, that we can't be raising taxes on the job creators, and there is a big debate right now about how do we get ourselves out of this fiscal mess. i would submit to my colleagues that the real issue here is spending. if you go back to the foundation of our country, the year 1800, we were only spending 2% of our entire economic output on the government, the federal government. this year we're going to spend 24% to 25%. the historical average over the past 40 years is about 20.6%. we are dramatically higher in terms of what we are spending on our federal government as a percentage of our entire economy. to me, clearly, we don't have a revenue issue here in washington. we have a spending issue. which would suggest that we ought to get after spending, after federal spending, particularly spending that is -- is duplicative, redundant, there are so many things in the federal government that we spend money on that we need to get that waste and that -- and all those types of wasteful spending out of our spending here in washington, d.c., but we also have to focus on those
that is to come together in a bipartisan way around a big deal, around $4 trillion in savings at least. the senator from colorado went in some detail into the bipartisan debt and deficit commission. chaired bier sin bowles and alan simpson, and the 11 members of that commission, ems of members of this body currently serving senators, republican and democrat, who came together around a plan that would make $4 trillion in savings over the next decade. i think we should do no less than that. and i think the plan that we should be working on in detail now should include all four major areas where we have to have savings. reductions in discretionary domestic spending, reform to our entitlement programs, reductions in pentagon spending, and increases in federal revenue through tax reform. all four of these have to be on the table. in my view, our values ask no less than that. as we work through a recovery, we need to continue to invest in education, in infrastructure, in innovation, but we also need to responsibly put together a bipartisan path that will take on the sacred cows of this insti
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